Nellore mayor goes missing amidst charges of financial fraud

Tue, Jan 16, 2018, 09:08 AM

Nellore mayor Md. Aziz has been missing for the past few days, amidst charges of financial fraud against him. He is learnt to be seeking anticipatory bail. Mayor Aziz is the owner of Star Agro company that exports sea food. Another company from Chennai, Jimping, owned by one Prasad, joined hands with Star Agro and invested some Rs. 50 crore. Even though the joint venture did good business, Aziz did not invest his share in the company. Moreover, he used the revenue for some other ventures abroad. Realising the fraud, Prasad complained to the police, who booked Aziz.